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Articles by Lance McHenry
The Pros and Cons of Joining an Incubator
In cities and regions with significant startup presence, incubators are becoming more commonplace. These collaborative programs are spaces designed to help startups succeed at different stages. While each incubator varies in their offerings and membership requirements, many will offer office space, logistical or technological support, training, and a community of like-minded entrepreneurs who are also pursuing their passions. What is a startup incubator Business incubators are not a new phenomena.
6 Ways to Being an Inspiring Leader
The people you employ matter. You put a lot of time, effort, and money into ensuring that they’re up to par so they can excel in your business. The thing is, you have to maintain a lot of different positive benefits in order to keep your valued employees. This means you’ll have to be a leader who inspires people to want to excel and to stay. One of the greatest things a leader can do is motivate and inspire their team. You lead by example in ways that will strongly resonate with your team.
Learning by Doing: How Trial and Error is a Big Part of the Entrepreneur's Journey
We all hold people or businesses aloft as those who inspire us or we may wish to emulate.It’s important that we have these people to aspire too.They give us an ideal that we want to match or perhaps surpass? Only a few years before I started my business back in 2013, I would have thought it inconceivable for me to run a business for this long and actually make it successful.Why?Because I had never run a business before and I had no idea where to start.
8 Strategies for Effectively Managing a Remote Team
The world has changed in a crazy kind of way that none of us could have expected. While some companies had already begun outsourcing to remote teams, it is now a reality for many companies. Getting people equipped at home and having the proper communication was step number 1. There are also some other aspects to running a business without seeing your team daily that are essential to business success. Here are some of the ways you can effectively run a remote team.
How to Transition Your Business from In-Person to Online Ultra Fast
If you’re an in-person business, you know that things have become increasingly difficult when it comes to running this kind of business. Most of the non-essential businesses were urged to shut down, and while some have opened back up, it’s hard to know if it’s going to stay this way. People actually got really used to turning to the Internet for all their needs when Covid-19 affected the entire planet. Many brick-and-mortar stores have shut down because of this.
5 Ways to Understand Your Audience and Over Deliver
As a startup all we dream about is our success. I know it initially seems like a far-off reality.We’re constantly met with ongoing setbacks and blows, as we try to bring everything together to launch or maybe streamline an existing business.
Why Balance in Your Life Matters for Your Business Success
Here’s some food for thought. If you don’t work hard, you won’t be successful. If you’re not successful, it’s not fun to work hard. If you’re not having fun, it’s likely you won’t stay motivated to work hard in the long term. This interesting little cycle can work for you or against you. You can manage to work for you and when you do, you will experience incredible success and fulfillment from that success.
Before Releasing a Product, Try This
Do you really know your customers? When it comes to marketing, we’ve been taught that you must know your target market. To do that, you have to get into their heads. There are various tools that are supposed to give you that insight. You do the research and you talk to people, but this really only gives you a peak into who they are. If your demographic isn’t the same age as you, it is hard to really know what they’re about. You may not identify enough to be able to help them.
How to Launch Your Own Ecommerce Store from Home
The world of Ecommerce has developed rapidly over the last 10-years with all major global brands now actively selling their services and products online. In mature Ecommerce markets like the United States, Business Insider states that over 17% of sales will happen online by 2020, and this figure could even go up at the rate it is going. With the trend steadily moving towards more Ecommerce sales, aspiring entrepreneurs all over the world and have many different Ecommerce platforms to choose from.
Top 7 Sales Books Every Entrepreneur Should Read
Let’s face it, as an entrepreneur, you have to be able to sell. Whether it be your product, your service, your vision, or yourself, sales is an intricate part of being successfully self-employed. Since we all know that success doesn’t happen without sales, here are the top sales books every entrepreneur should read. Those of you who are visiting from our Facebook page might remember “#sales week”. We had many of you asking us to post the list of book recommendations that we made that week.
How Entrepreneurs Can Make the Most of Their Morning Hours
Productivity is an integral thing. Ask any worker around what the most challenging aspect of their job is. Chances are a majority will list lack of productivity as a real deal-breaker. It takes so much effort for them to be productive, especially at the start of the day. Entrepreneurs also suffer from the funk, like the ‘regular’ people. But fret not for there are ways that can make productivity a truly natural thing for entrepreneurs.
How to Land Your First Client – The First Step to Making a Name for Yourself - StartUp Mindset
Starting a business is a huge undertaking, terrifying, thrilling and risky as heck. Though it does seem a daunting and terrifying prospect at first, the truth is like all things in life, it is something one learns by doing, making some missteps across the way and learning from them. Most people have worked for a corporate or a not so corporate concern in their career. There are many issues you, as an employee of a firm, might have faced in the course of your working days.
Why Introverts Make Great Entrepreneurs
The psychiatrist Carl Jung posited that there exist two polar personality types and that we all fall somewhere on the spectrum. On one end is extroversion, and on the other is introversion. According to his study, extroversion can be identified by the individual’s active engagement with the external world. Extroverts enjoy and are stimulated by the company of others, and possess a high energy level.
3 Keys to Unlocking Your Brand Voice (And Why You Should Care)
“Voice” happens to be my thing. In my 20s, during my quarter-life crisis, when I was trying to figure out what to do with myself (after it became clear that Hollywood and I didn’t have a future), I had a series of really boring temp jobs, the most mind-numbing of which was answering phones for an exterminating company. So what did I do with all that free brainspace? I wrote the entire sixth book of the Harry Potter series (before the actual sixth book was released). Longhand. On yellow legal pads.
How Mindfulness Helps Entrepreneurs Reach Their Goals Faster
A new image flashes through your eyes before you can even begin to understand the messages of the one that came before, there are a dozen different sounds filling the room in addition to the thoughts banging around your head, and everything going on on the outside diminishes the internal process in your mind needed to get anything done.
10 Billionaires Who Started Out Dirt Poor
Unlike many of the other women billionaires in America who inherited their wealth through marriage or inheritance, Oprah Winfrey is a self-made billionaire. Very hard to do. Especially for a African American woman raised in the segregated South during the 1950’s. Oprah Winfrey is, without a doubt, one of the most influential women in the world today. Her net worth, as of 2016 is $3.1 billion. However, the famous talk show host and media mogul was actually born into poverty, in rural Mississippi.
Why Entrepreneurs Shouldn't Be Afraid of Making a Mistake - StartUp Mindset
Let me set the scene for you. It’s a few days before Christmas, my husband and I are en route to visit family in our home state of Indiana. It’s a long haul from North Dakota, so we stop over at a hotel for the night. I’d worked in the car to finish up a graphic design piece for a client—a piece that I’d assured them I’d submit that night. The holiday traffic was brutal, we ended up getting to our hotel late—well after business hours. I open my lap top, it searches for wifi but comes up empty. Again.
4 Health Habits Busy Entrepreneurs Need to Try
When it comes to success, many entrepreneurs and visionaries agree that working hard and staying on top of trends is not enough. Taking care of your body and developing healthy day to day habits are essential to looking, feeling, and thinking your absolute best.
Creating More Effective and Engaging Meetings: Interview with Meeteor Founder Mamie Kanfer
Mamie Kanfer Stewart is CEO and founder of Meeteor and author of Momentum: Creating Effective, Engaging and Enjoyable Meetings. Mamie is passionate about helping others optimize their time and cultivate their team to achieve their goals. As a speaker and facilitator, Mamie teaches and speaks about effective meeting practices and changing meeting culture. She has been a guest on numerous leadership and productivity podcasts and has been featured in Forbes, Inc, Business Collective, and PCMag.
How to Keep Your Challenges in Perspective
When you experience challenges, it can feel like life is against you. The mind automatically looks for the simplest solution to things which can often mean you’ll feel like you should quit. We are faced with challenges all the time. Anything from starting a new course, a new life, or a new job. If you see the common theme here, it’s change. You take on more challenges and it becomes the way you grow and develop. It’s a good thing, but it’s not always easy to remember that.
Sacrifices Entrepreneurs Make in Order to Succeed
Sometimes you must make sacrifices in life if you want to be successful. Time, sleep, hobbies, all seem to take a backseat when it comes to pursuing a dream of entrepreneurship. Entrepreneurs have also pushed aside family aspirations and obligations to become one of the best in their business industry. However, making sacrifices is also an imperative aspect in growing your potential and entrepreneurial goals.
Top 10 Podcasts for Entrepreneurs
In the past few years, podcasts have exploded in popularity and prevalence, and for good reason! As multitasking has become a necessity, people want to be entertained and maybe even learn something at the same time while they go about their day. Here’s where podcasts enter into the fray. Podcasts are a great way to learn and be entertained, and still be able to focus on other tasks, something that you aren’t able to do with media like books.
How to Be a Productive Night Owl
We are all different and our minds and bodies function differently. The terms “early bird” and “night owl” are not mere societal constructs or urban myths – essentially, you are either a morning or a night person and there is science to back up these claims (we will elaborate further on that below). An early bird is someone who feels alert, awake and productive early in the morning, while a night owl can be considered someone who functions best during the night and goes to sleep late.
12 Businesses You Can Run From Anywhere in the World
1. Online tutoring Online tutoring is one of the most popular remote businesses, and its popularity is mainly due to the convenience that it offers. As an online tutor, you can offer e-moderation to a group where several learners receive instructions from you simultaneously. You can also offer asynchronous tutoring, whereby you respond to sets of questions that learners had previously submitted to you.
6 Tips to Avoid Burnout as a Solopreneur
If you have started a business by yourself, you know firsthand that it means a lot of long nights and cancelled plans. There aren’t enough hours in the day to get everything done. It can also get lonely. Most of your time is spent working on your business alone. Sometimes, things come up and you have to cancel plans or miss an event. It might seem counter-productive, but you sometimes have to set aside time to relax in order to be more productive.
8 Mistakes Entrepreneurs Make with Money
Managing money is a mystery to many people. According to a recent Bankrate.com survey, just 37% of Americans have enough savings to pay for a $500 or $1,000 emergency. The other 63% do not have anything in savings and would have to resort to other measures like cutting back on spending and using a credit card in order to handle an emergency. In business, money management is not that much better.
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